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Manila Bulletin devider Business devider CAAP completes P4.6 B airport projects

CAAP completes P4.6 B airport projects

Published Aug 16, 2021 06:00 am
The Civil Aviation Authority of the Philippines (CAAP) implemented 46 airport projects worth ₱4.64 billion of the 83 identified under its 2016-2018 agreement with the Department of Transportation (DOTr), the former today (August 13) announced.
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At the outset, CAAP was able to effectively implement 55.69% (in terms of quantity) of the P9.9 Billion airport projects under the DOTr-CAAP MOA, and 47.25% in terms of overall cost.
In addition, 10 of the 19 projects under procurement have been awarded this 2021 and are now under ongoing project implementation, according to CAAP.
Despite the work interruption caused by the COVID-19 pandemic, the agency managed to implement the projects.
In addition to the DOTr downloaded projects, CAAP also identified and implemented projects under its Annual Procurement Plan (APP) from 2016-2020.
As such, DOTr downloaded projects have to be implemented on top of CAAP’s primary projects.
On top of the DOTr downloaded projects, CAAP likewise completed 75 out of the 87 CAAP APP projects in parallel to the 16 completed DOTr downloaded projects from 2016-2020.
CAAP is fully aware of the maximum period allowed for the procurement of infrastructure projects under the Revised Implementing Rules and Regulations of Republic Act No. 9184.
However, there are instances where procurement timeline of the project has to be extended, such as disqualification of bidders during the conduct of Post Qualification.
Measures are presently initiated in the BAC to shorten the procurement period by strictly adhering to the prescribed timeline stated in the procurement law.
The BAC has been very strict in conducting and reporting of Post Qualification of bidders within forty five calendar days. Also, CAAP has since organized 4 BACs to ensure expeditious procurement.
In addition, CAAP remains strong in its fiscal performance after remitting more than P21 billion in dividends to the National Treasury from 2017 to 2020, eclipsing the P1.3 billion it remitted to the National Treasury from 2008 to 2016.
The feat solidified CAAP’s membership in the ‘Billionaires' Club,’ a circle of government-owned and controlled corporations (GOCCs) which remitted billions of pesos in dividends to the national government.

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